Putnam Associates

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Putnam Associates Reviews

Updated Apr 29, 2014
Putnam Associates – “Putnam Associates”

All Employees Current Employees Only

4.1 8 reviews

100% Approve of the CEO

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Remco op den Kelder

(1 ratings)

100% of employees recommend this company to a friend
8 Employee Reviews
Relevance Date Rating
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great foray into healthcare, terrific opportunities to learn and advance, fun working environment

    (Former Employee)

    ProsFor anyone looking to understand the healthcare space, Putnam is a terrific starting point. The firm continues to put out top-notch work, and prides itself on hiring not only smart employees, but people that fit the culture. Most of the training is on the job, so you'll be spending most of your time initially with other junior staff. Great opportunities to advance and manage, which is a true differentiation vs. other boutique consulting firms. Very good work-life balance, considering the high-touch service environment. Historically, great exit opportunities (either in industry or bschool) for people who stick around and do well.

    ConsDepending on which partners you work with, Putnam can be a very different experience due to different expertise. Historically, there have been instances of people being pigeonholed, but the firm is actively working to improve development and diversity of cases.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

     

    Great people, fantastic learning experience, decent work/life balance

    Anonymous Employee (Former Employee)

    ProsSuper smart coworkers, probably the best healthcare boutique, great placement into top grad schools

    Conslocation in Burlington, relatively high stress environment with a lot of pressure

    • Culture & Values
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    Putnam Associates is highly respected within the pharmaceutical industry.

    Anonymous Employee (Current Employee)

    ProsA truly diversified group of highly intelligent and dedicated employees. Fairly well compensated, good benefits some really nice perks.

    ConsWork life balance could be better.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Approves of CEO

     

    Great experience with top pharmaceutical manufacturers

    Anonymous Employee (Former Employee)

    ProsPutnam is full of hardworking, smart people. The projects are engaging and challenging, with a great deal of responsibility to assume.

    ConsThe company is located in Burlington, Massachusetts, which is not ideal and essentially requires a car. There is not always a lot of variety in projects.

    Yes, I would recommend this company to a friend

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    • Disapproves of CEO

    1 person found this helpful  

    Great focused experience in pharma

    Senior Associate Consultant (Current Employee) Burlington, MA (US)

    ProsTremendous opportunity to work with F500 clients on very challenging problems. Heavy quantitative muscle including a lot of market research and modeling. Very strong professional development opportunities, a collaborative culture, and no up-or-out mentality creates a friendly environment. Firm looks upon its consultants as members of a family more than employees.

    ConsPartnership is very very very protective of the health and direction of the firm. No one below the most senior levels is knowledgeable of project fees or what is in the pipeline. I never once heard a whisper as to the annual revenue of the firm. Firm lacks diversity overall and relies perhaps too heavily on a few core pharmaceutical clients. They note we work in "biotech and medical device" industries in addition to pharma, but in my entire tenure there, I cannot recall one med device client or project, nor too much work in biotech. Quant analysis is a strength of the firm, but consultants can find themselves pigeon-holed into the same type of project again and again if they have proven themselves capable.

    Advice to Senior ManagementOpen up communication about the health of the firm to staff; stop squeezing 50 consultants into office space in the suburbs designed to fit 30; bring in a partner from the outside who can source work beyond the stable of pharma clients Putnam has grown too reliant upon.

    Yes, I would recommend this company to a friend

    • Work/Life Balance
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    • No Opinion of CEO

     

    Good experience overall

    Associate Consultant (Former Employee) Burlington, MA (US)

    ProsIn-depth learning of the pharmaceutical, biotech, medical device and diagnostic sectors with very, very competent managers. Friendly culture with plenty of opportunity for feedback and growth.

    ConsInconvenience of Burlington, MA is a considerable drawback for younger employees. Conservative culture doesn't always mesh well with the changing company demographic.

    Advice to Senior ManagementMore opportunities for younger employees to interact with clients would be very beneficial for their development. Projects can also be a bit repetitive at the junior level.

    • Work/Life Balance
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    • No Opinion of CEO

     

    Putnam

    Anonymous Employee (Current Employee)

    Pros- low travel
    - strategy focused projects

    Cons- no company growth
    - limited upward mobility

    Advice to Senior Management- expand company capabilities and types of casework
    - communicate company vision to employees

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Putnam Associates - boutique strat consulting firm in Boston an interesting find

    Associate Consultant (Former Employee) Burlington, MA (US)

    ProsPutnam Associates is a top strategy consulting firm with a great work/life balance - analysts and associates can expect less than 25% travel - this is great when compared to the sometimes 75% or more travel of lager consulting firms... another positive is the Fortune 500 clients and diverse case work in the pharma, biotech, and medical devices space. The industry is constantly in flux, interesting, and new news is always available to influence decision makers and large corporations. Putnam does a great job of fusing business talent and economic know how with years of experience in health care and science and passes this on to employees.

    ConsIn the suburbs rather than downtown in the city of Boston

    Advice to Senior ManagementContinue keeping junior members of staff aware of their current strengths and wakenesses, prospects for promotion, and update them on their status in a transparent way, to keep employees' value of their job at the highest level.

    Yes, I would recommend this company to a friend

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